$1,375,000
SOLD MAR 28, 2025
-- Bed
-- Bath
3,054 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$450 Per Sq Ft

27% Below List Price

232 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Fort Lauderdale High School Rated A
  • High Impact Windows
  • Patio

About This Home

As of March 2025

Exceptional investment opportunity, just minutes from Ft. Lauderdale Beach & centrally located near shopping, restaurants, & entertainment. 100% occupied. Five turnkey residences, four 1BD/1BA (one with enclosed private terrace) & one 2BD/1BA with enclosed private terrace. -All units have been updated with European kitchen cabinets, granite countertops, ceramic flooring throughout, frameless shower doors, keyless entry, & hurricane impact windows & doors. NEW ROOF, 2018. -Property is fully enclosed for optimal privacy, with simple, low-maintenance landscaping, a community laundry on-site generating additional income, & large shared courtyard. Ample parking with 14 assigned & guest spaces. Property is zoned RMM-25.

Last Agent to Sell the Property

Erika Leiba

One Sotheby's Int'l Realty License #3396527

One Sotheby's Int'l Realty

Co-Listed By

Jonathan Keith

One Sotheby's Int'l Realty License #3049560

Last Buyer's Agent

Erika Leiba

One Sotheby's Int'l Realty License #3396527

One Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,050

Year Built

  • Built in 1959

Lot Details

  • Fenced

Parking

  • 14 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,054 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Vertical Blinds
  • Tile Flooring

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $114,600
  • Rent includes hot water, gardener, sewer
  • Assessor Parcel Number 494224030120

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Coral Ridge Galt Condos
  • Coral Ridge Galt Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $24,129
  • Net Operating Income $90,471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,050

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: OSIR05
  • Co List Office Phone: 954-522-2831
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CORAL RIDGE GALT
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Partially Furnished
  • Living Area: 3054
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Verticals

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Other, Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL RIDGE GALT
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494224030120
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer

Multi Family

  • Net Operating Income: 90471
  • Number Of Units In Community: 4
  • Number Of Units Total: 5
  • Annual Operating Expense: 24129
  • Total Actual Rent: 114600

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18050

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,375,000 -11.5% $450 / Sq Ft
12/13/2024 12/13/24 Price Changed $1,554,000 -4.6% $509 / Sq Ft
10/10/2024 10/10/24 Price Changed $1,629,000 -3.3% $533 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,685,000 -5.6% $552 / Sq Ft
09/07/2024 09/07/24 Price Changed $1,785,000 -5.6% $584 / Sq Ft
08/08/2024 08/08/24 For Sale $1,890,000 0.0% $619 / Sq Ft
10/14/2018 10/14/18 For Rent $1,150 0.0% --
10/14/2018 10/14/18 Rented $1,150 +4.5% --
08/02/2016 08/02/16 For Rent $1,100 0.0% --
08/02/2016 08/02/16 Rented $1,100 -8.3% --
09/03/2014 09/03/14 For Rent $1,200 0.0% --
09/03/2014 09/03/14 Rented $1,200 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11638677

MIAMI REALTORS® MLS

APN: 49-42-24-03-0120